Comment on press reports

In response to a query by Greece's Capital Market Commission in relation to a recent electronic press report regarding subsidiary "Volterra SA", and in line with market regulations for disclosure to investors, AVAX SA (the "Company") clarifies the following:

 

In line with its standard policy, the Company always contemplates all options, depending on market conditions and its broader strategy, for optimal use of its assets, including its participations.

 

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